ON Semiconductor Corporation found using ticker (ON) now have 25 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 80 and 56 with the average target price sitting at 72.6. Now with the previous closing price of 58.04 this would imply there is a potential upside of 25.1%. The day 50 moving average is 56.29 and the 200 day MA is 56.88. The company has a market capitalisation of $23,229m. You can visit the company’s website by visiting: https://www.onsemi.com
The potential market cap would be $29,056m based on the market concensus.
ON Semiconductor Corporation provides intelligent sensing and power solutions worldwide. Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems. The company operates through three segments the Power Solutions Group, the Advanced Solutions Group, and the Intelligent Sensing Group segments. It offers analog, discrete, module, and integrated semiconductor products that perform multiple application functions, including power switching and conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions. The company also designs and develops analog, mixed-signal, advanced logic, application specific standard product and ASICs, radio frequency, and integrated power solutions for end-users in end-markets, as well as provides foundry and design services for government customers. In addition, it develops complementary metal oxide semiconductor image sensors, image signal processors, and single photon detectors, including silicon photomultipliers and single photon avalanche diode arrays, as well as actuator drivers for autofocus and image stabilization for a broad base of end-users in various end-markets. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Phoenix, Arizona.
